Zombie - a bankrupt or insolvent company which continues to operate while it awaits a closure or merger. Zone - to divide into areas. Free-trade zone - a port or a landarea, designated by the government of a country for duty-free entry of any nonprohibited goods. Merchandise may be stored, displayed, used for manufacturing, etc., within the zone and reexported without duties being paid. Duties are imposed on the merchandise (or items manufactured from the merchandise) only when the goods pass from the zone into an area of the country subject to the customs authority. Zoning - the classification of allowable land use by a government.